NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

All. HC: MSMED Act Overrides Arbitration and Conciliation Act 1996 - (13 Dec 2023)

COMMERCIAL

Allahabad High Court while observing that private agreement can’t obliterate statutory provisions, has held that once statutory mechanism under Section 18(1) of MSMED Act, 2006 is triggered, it would override any agreement entered into between parties under Arbitration and Conciliation Act 1996.

Tags : ALLAHABAD HIGH COURT   MSMED ACT   ARBITRATION  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved